Multipurpose loan
Loan amount
300 KM - 15.000 KM
Repayment
60 months
Loan processing fee
2% od of approved loan (min. 20,00 KM)
Interest rate
Regular interest: 25,99% fixed
Default interest: 10%
Grace period
1 - 6 months
Additional costs
Bill of exchange 5,00 KM · Certification 4,00 KM
EKS*: 24,96%-66,03%
Example of Effective Interest Rate Calculation (EKS)
| Type of loan | Loan amount | Repayment | NKS | Processing costs | EKS |
|---|---|---|---|---|---|
| Credo Family | 10.000,00 KM | 36 months | 21,50% | 2,00% (min. 20,00 KM) |
* The stated Effective Interest Rates (EIR) are calculated on maximum loan amounts and maximum repayment terms as well as on minimum loan amounts and minimum repayment terms.
Informative annuity calculation
| CREDO FAMILY | |||||
|---|---|---|---|---|---|
| Loan amount | 12 months | 24 mjeseca | 36 months | 48 months | 60 months |
| 1.000,00 KM | 95,53 | 53,87 | 40,29 | 33,71 | 29,93 |
| 5.000,00 KM | 477,63 | 269,35 | 201,43 | 168,56 | 149,67 |
| 10.000,00 KM | 955,25 | 538,7 | 402,85 | 337,12 | 299,35 |
| 15.000,00 KM | 1432,88 | 808,04 | 604,28 | 505,68 | 449,02 |
* All credit products are linked to the EURO currency clause.
* MKD Credo Center presents / approves loans in KM indexed in EUR at the middle exchange rate of the CBBH on the day of drafting the contract.